NYSE:CLPR - Clipper Realty Stock Price, Forecast & News

Clipper Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLPR."

Clipper Realty announced a quarterly dividend on Tuesday, November 12th. Stockholders of record on Monday, November 25th will be paid a dividend of $0.095 per share on Tuesday, December 3rd. This represents a $0.38 annualized dividend and a dividend yield of 3.43%. The ex-dividend date of this dividend is Friday, November 22nd. View Clipper Realty's Dividend History.

Clipper Realty Inc (NYSE:CLPR) posted its earnings results on Wednesday, August, 8th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.10 by $0.02. The firm had revenue of $27.30 million for the quarter, compared to the consensus estimate of $27.71 million. Clipper Realty had a negative net margin of 1.08% and a negative return on equity of 0.79%. View Clipper Realty's Earnings History.

Clipper Realty is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Clipper Realty.

2 brokers have issued twelve-month price objectives for Clipper Realty's stock. Their forecasts range from $16.00 to $18.00. On average, they anticipate Clipper Realty's share price to reach $17.00 in the next year. This suggests a possible upside of 53.6% from the stock's current price. View Analyst Price Targets for Clipper Realty.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clipper Realty in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Clipper Realty.

News stories about CLPR stock have trended positive recently, InfoTrie reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Clipper Realty earned a news sentiment score of 2.2 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Clipper Realty.

Some companies that are related to Clipper Realty include CAPSTEAD MTG CO/SH (CMO), Chatham Lodging Trust (CLDT), City Office REIT (CIO), Urstadt Biddle Properties (UBP), New Senior Investment Group (SNR), UMH PROPERTIES/SH SH (UMH), Corenergy Infrastructure Trust (CORR), Western Asset Mortgage Capital (WMC), Ares Commercial Real Estate (ACRE), Global Medical REIT (GMRE), One Liberty Properties (OLP), Whitestone REIT (WSR), AG Mortgage Investment Trust (MITT), Catchmark Timber Trust (CTT) and CorePoint Lodging (CPLG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Clipper Realty investors own include AGNC Investment (AGNC), Enterprise Products Partners (EPD), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Kinder Morgan (KMI), Medical Properties Trust (MPW), Advanced Micro Devices (AMD), QUALCOMM (QCOM), AbbVie (ABBV) and ADT (ADT).

(CLPR) raised $103 million in an initial public offering on Friday, February 10th 2017. The company issued 7,100,000 shares at $13.50-$15.50 per share. FBR and Raymond James acted as the underwriters for the IPO and Janney Montgomery Scott and Wunderlich were co-managers.

Clipper Realty's stock is owned by a number of of retail and institutional investors. Top institutional investors include CI Investments Inc. (6.26%), Forward Management LLC (5.45%), State Street Corp (1.54%), Renaissance Technologies LLC (1.45%), Geode Capital Management LLC (0.90%) and Bank of New York Mellon Corp (0.60%). Company insiders that own Clipper Realty stock include David Bistricer and Howard M Lorber. View Institutional Ownership Trends for Clipper Realty.

CLPR stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC and New York State Common Retirement Fund. View Insider Buying and Selling for Clipper Realty.

CLPR stock was purchased by a variety of institutional investors in the last quarter, including CI Investments Inc., Goldman Sachs Group Inc., Barclays PLC, Vestcor Investment Management Corp, State Street Corp, Bank of New York Mellon Corp, American International Group Inc. and Forward Management LLC. Company insiders that have bought Clipper Realty stock in the last two years include David Bistricer and Howard M Lorber. View Insider Buying and Selling for Clipper Realty.

Shares of CLPR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CLPR stock can currently be purchased for approximately $11.07.

Clipper Realty has a market capitalization of $197.27 million and generates $110 million in revenue each year. The company earns $-3,630,000.00 in net income (profit) each year or $0.45 on an earnings per share basis. Clipper Realty employs 203 workers across the globe.View Additional Information About Clipper Realty.

The official website for Clipper Realty is http://www.clipperrealty.com/.

Clipper Realty's mailing address is 4611 12TH AVENUE SUITE 1L, BROOKLYN NY, 11219. The company can be reached via phone at 718-438-2804.